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GOLDFXCC
Sep 8, 2019 6:40 PM

USDCAD 1W Short

USD/CADOANDA

Description

- USDCAD formed a bearish engulfing candle at the key 1.3300 level.
- The price action suggesting further fall from here - market looks likely to continue down into the lows of 1.3030
- The strength and weakness table report adds confluence to this move with the Canadian Dollar gaining significant strength recently.
- Potential target to reach:
1. 1.31223
2. 1.30300

Regards, GoldfXcc Team
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